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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Bawi who wrote (16203)6/17/1999 9:27:00 AM
From: Tony B  Respond to of 56535
 
Sam -

Welcome to the thread. Sorry about your losses. Don't fret too much. This market is tough right now and we've all been there as first time traders (and I'm sure we've all lost nearly as much; I know I did). My only suggestion would be don't be afraid to change your style. Find what type of trading you're best at and excel. It might take a little bit of time, but you'll find it.

Good luck.

If nothing else, at least bring some Starburst to the thread. You'd be considered "cool" then. *smirk*

llater,
Tony B



To: Bawi who wrote (16203)6/17/1999 9:48:00 AM
From: Trader J  Read Replies (2) | Respond to of 56535
 
Sam - Thanks for the note. Like Tony B. said before me, don't be afraid the change what isn't working. Successful trading is a delicate balance between capital preservation, capital appreciation, discipline, pyschology, luck, skill, and keeping both greed and fear in check.

The market changes very often, and the successful trader must change with it. Learn to take what it is be offered at the moment and don't fight the trend....as difficult as that can be.

We have some great traders here and we all stick together and support one another. Objective information is free, and can be brought to the thread for discussion. The more information we have, the better we will all do. Anyone here on this thread that is willing to participate can do so in that way.

Be careful with those net stocks like WCAP and INDI. The market is a bit unpredictable right now with the Inets. I myself am not holding many issues overnight, especially Inets.

Good luck, and I hope you stick around.

Tj